Thanks for sharing the article. I always find it amusing when so-called experts start invoking words like moral obligation and dignity to justify weak policies... when at its core, the issue can be analyzed mathematically.

Delaying withdrawals fix the real problem it not. The vast majority simply will not save enough for retirement. One can shout all day about needing RM240K or RM500K by retirement, but where’s the discussion on how to get there without “robbing Peter to pay Paul”?



yeah...

If the real goal is to help those who struggle to save, then come up with real solutions.
One sameple solution is just to raise the employee contribution rate to 20%. That would do far more good than restricting access post retirement.
Another is to ensure as high a employment from young as possible.
Third is to fully stop all withdrawals unless the funds are above a certain threshold: ie close bloody account 3. If at 50yo only have 10K in EPF, still want to allow withdrawal from account 3 meh???

And now the expert “hinting” that if you have 500K in EPF, they’ll lock it up and give you 2.5K per month to spend? So someone with 2m only gets 10K a month while losing full liquidity? Incredible solution.... (pretty sure this is to prep us for something up their sleeves)

(in case no one notice the joke: b4 retirement, can withdraw with so many excuses... after retirement, freeze and allow only monthly payment. funny rite?)

This post has been edited by Wedchar2912: Nov 10 2025, 03:02 PM

You know the saying...

When hope is the only thing one has left

Don't understand what you mean....

Epf div is not tied to the actual performance of the underlying assets held, but based on "premium"???

What's this premium about?

In all honesty, if such lifetime annuities is offered by EPF and guaranteed by EPF & gov of Malaysia, it is worth a big consideration.
Of course, final decision should be based on respective members (ie members have the right to opt in or reject for their respective cases) and after full disclosure of the parameters and numbers.

for example, in the earlier article shared by bro virtualgay at post 25886, it was mentioned that
"...for those with RM500,000, monthly payments of RM2,500 could be sustained without eroding the principal entirely"

This 6% payout in perpetuity till death of the members PLUS other features to be disclosed should be the starting point.

So yeah, I am pro... pending full details for final decision...

Like I said... pending full disclosure of the actual parameters and numbers… (of cos, more payout better)

I honestly don’t think EPF will dare to "swallow" all the dividends from age 55 to 65. Can you imagine the noise it will create? Every member between 55 and 65 is a voter after all.

So yes, EPF has to tread carefully and come up with balanced, proper solutions. I really don’t get why some insist we must blindly follow CPF... as if we malaysians have no ability to think of bespoke solutions. Plus, mandate and structure of EPF are completely different vs CPF.

Personally, I’m looking forward to seeing what they’re cooking up. More options are always better. This is what it means to be financially savvy and be prepared/have proper plans.
- If they keep the current setup at 50/55/60 with existing liquidity, I am beyond happy.
- If they add a pension-style cashflow up to 85, glad to see the details... who knows, may be a good solution.
(this one if want to do, better impose on everyone with immediate effect)


Now, if they start forcing those with under 390K into a pension-like payout “for their own good”… well, I guess that’s the government exercising its moral responsibility — since apparently, some can’t be trusted with their own money
(not I say one, the expert in the article said so)

This post has been edited by Wedchar2912: Nov 11 2025, 09:38 PM

I don't think there was a ever a proposal.... maybe some so called expert wrote some article?
(But I think the B40 would disagree vehemently to this proposal)

Changing or nominating nominees must be done in a EPF office. I don't think this has changed at all, and I hope it does not.

understand... a similar concept to joint name for husband and wife... but i think that means EPF act has to be amended and this will need lotsa political will power
(if extend to children, lagi bising the B40 group... cos the snowball effect to the T20 group is very scary over 2 to 3 generations.... )

who knows... maybe the pension cashflow style can incorporate this? (like how civil pension works)

should always try to get the employer to pay you the employer's contribution in the form of EPF contribution. It is tax free for you, the employee...
(so if at a high bracket like 25%, that saves you almosty 4% income tax based on gross salary)

I want the schemes... cos these schemes usually come with special benefits...

like EPF's tax deduction... and creditor proof features... gov guarantee... etc

Thanks. Still considered have to be done at a EPF office.... For safety purpose... Don't really want scammers to change anything off site.

Bro... have you been a hiring manager of a firm or an employer?

I have been a hiring manager... trust me... if can get away with underpaying the new hire, the firm would and all is fair....

Nope... The quota is based on each member's respective account.
No transferable.

to be fair... if those anal-ysts can calculate, since income is 11% better vs last year's same period, then 2025 div can be 7% pa (= 6.30 x 1.11)

Someone mudah ditipu dan mudah lupa.... So much reserves kept all this while.... Hmmmmm

Lotsa things to take profit... The ceo said.

A lot of things with huge capital gains never realize profit rite?

This post has been edited by Wedchar2912: Nov 17 2025, 01:17 PM

quoted from the article: "It is an impressive result by the EPF. However, the priority should be ensuring sustainable and steady dividends," he told Business Times.

means what?

ok done.... let me set 6% as my wr from epf for next year spending....

Haha. U heard from me first 7%

I found my second calling... To be an anal.... lyst

Haha.

hahaha… another classic story:

a) someone burns through 750K EPF in just 7 years
b) luckily got pension income to rescue.... tq gov at same time
c) perfect timing to push the retirement-age narrative again (hinting 75 as the new norm)


All three agendas neatly packaged into one article… so very efficient indeed.

May as well go for the kill:
Just turn everyone’s (I meant everyone... young, old, new, etc) EPF into a pension-style cashflow and freeze 750K until age 75/death. Easy peasy, no need to wrap it in drama.

I honestly don’t know why EPF money keeps “disappearing” so fast for some… Meanwhile I’ve been retired more than 4 years, and my networth keeps growing.

So, let’s go all in. Convert everyone’s EPF, regardless of age or balance, into lifelong pension-style payouts. The government will finally get the cradle-to-grave control they seem to want. haha

To stay compliant with Mod’s wishes, pls refer to my earlier post in the FIRE thread for some of the broader points.

As for the EPF specific parts...

I planned my retirement long ago. When my balance approached close to 1m, I diverted most of my salary, bonus, and 60K type from FD into EPF. Back then, the 1m threshold felt like it was cast in stone, right? Turns out was limestone, not granite… lol.

(And yes, I’m also one of OG in this thread who kept pushing the idea of increasing employee contribution up to 40 to 60% if circumstances permit. can dig up my old posts)

My original spending plan was simple: EPF div 5 to 6% covers all of my monthly spending. I purposely designed a flexible spending bracket between 10k to 20k pm, aiming 20k whenever dividends allowed.
EPF was meant to fully fund my life till death, and everything outside EPF was held passively for potential upside.

Until 2023, I was casually withdrawing the few Ks every week from EPF to cover family expenses. No trading, no market noise, no work concern, no monetary bother. I was genuinely living the lazy retirement life, fully funded by EPF under the backing of Federal Gov of Malaysia!

My plan involving EPF had to be reworked.... you can guess the mult reasons...
This is why I kept on saying not everyone need baby sitting. My new retirement plan now... I just make epf almost irrelevant by paring the balance down and assigning epf as pension cashflow in my plan